Question

Use the Internet or library resources to find four examples of companies that wrote off impaired goodwill within the past year.
Required:
(a) How did the write-offs affect each company’s financial statements?
(b) What do you think that a write-off of goodwill indicates about company management? Provide at least one positive indicator and one negative. Assume that the same managers were at the company when the goodwill was created. (Hint: Remember what needs to occur for a company to record goodwill.)


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  • CreatedMarch 27, 2015
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